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Technology Stocks : Superconductor Technologies : SCON -- Ignore unavailable to you. Want to Upgrade?


To: cootye1 who wrote (354)2/23/2000 11:11:00 PM
From: Daskin  Read Replies (1) | Respond to of 903
 
I agree that SCON's financial is in bad shape. If you check the other SCON thread, actually the wireless filter is not a new product. I don't know what exactly were the reasons why those wireless companies didn't buy it in 1996 and now they will or are buying. (cost effectiveness?) There is no contract as I know of. The story sounds promising and makes sense, but we will need to see the usual "show me the money" plot to verify it is as it looks like. I haven't seen this, so I agree this is a hype so far. Maybe I am wrong, but I don't think the earning report is going to surprise us in a big way.

Everyone has his/her own strategy. Normally what I will do is sell 1/2(or whatever you feel comfortable) of your position and take some profit or even your original investment back, and see how far the rest will go.
JMHO



To: cootye1 who wrote (354)2/23/2000 11:34:00 PM
From: Marshall  Read Replies (1) | Respond to of 903
 
Good question. The company has the potential to have a terrific future, after all it appears that the industry is just now recognizing the advantages.

In my opinion I feel the stock is way overbought at this point, however we know darn well that the market tends to look very far in the future on certain technology issues. Were I long (and I am) I'd consider if I wanted to remain long-term despite the possibility of it going back down to the low $20s for a while; were I short (and well-studied) I'd tend to worry about the large number of potentials which have beta tested the product and may decide to play "follow the leader" in deciding to deploy.

I've been in it since 1996 and I'm not going anywhere as the only price I care about is 20 years from now.

I see someone above thought we needed a lesson in "Safe Harbor" statements. :-)

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The above sentences may contain forward-looking statements that involve risks and uncertainties, for example, statements using words such as "believes, anticipates, plans, may, hopes, can, will, expects, designed to, with the intent, and potential." However, the absence of such words does not mean that a statement is not forward-looking.